Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding

🚨 Important Update for Our Users

We are transitioning to our new and improved portal - www.taxtmi.com - for a better experience.

⚠️ This portal will be discontinued on 31-07-2025

If you encounter any issues or problems while using the new portal,
please let us know via our feedback form so we can address them promptly.

  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1989 (2) TMI HC This

  • Login
  • Referred In
  • Summary

Forgot password



 

1989 (2) TMI 109 - HC - Income Tax

The High Court held that an unregistered firm can carry forward losses even after becoming registered, as long as the firm remains the same. The court agreed with the interpretation of section 77(1) of the Income-tax Act and ruled in favor of the assessee. The decision was based on the precedent set by B. S. Dall Mills' case.

 

 

 

 

Quick Updates:Latest Updates